Professional Documents
Culture Documents
0 0
1990 2000 2006 2010 2020 2030 1980 1990 2000 2006 2010 2020 2030
Sources: History: Energy Information Administration (EIA), Sources: History: Energy Information Administration (EIA),
International Energy Annual 2006 (June-December 2008), International Energy Annual 2006 (June-December 2008),
web site www.eia.doe.gov/iea. Projections: EIA, World web site www.eia.doe.gov/iea. Projections: EIA, World
Energy Projections Plus (2009). Energy Projections Plus (2009).
Figure 16. World Electricity Generation by Fuel, Figure 17. World Renewable Electricity Generation
2006-2030 by Source, 2006-2030
Trillion Kilowatthours Trillion Kilowatthours
40 8
Renewables Other Renewables
Coal Geothermal
30 Natural Gas 6 Wind
Nuclear Hydroelectricity
Liquids
20 4
10 2
0 0
2006 2010 2015 2020 2025 2030 2006 2010 2015 2020 2025 2030
Sources: 2006: Derived from Energy Information Adminis- Sources: 2006: Energy Information Administration (EIA),
tration (EIA), International Energy Annual 2006 (June- International Energy Annual 2006 (June-December 2008),
December 2008), web site www.eia.doe.gov/iea. Projections: web site www.eia.doe.gov/iea. Projections: EIA, World
EIA, World Energy Projections Plus (2009). Energy Projections Plus (2009).
Figure 18. Renewable Electricity Generation Figure 19. World Nuclear Generating Capacity
in China by Fuel, 2006-2030 by Region, 2006, 2015, and 2030
Billion Kilowatthours Gigawatts
1,200 300
Hydroelectricity OECD Europe OECD North America
Wind OECD Asia Non-OECD Europe/Eurasia
1,000 250
Other Renewables
China India Rest of World
800 200
132
132
127
600 150
121
121
115
88
400 100
74
71
67
54
49
42
200 50
23
22
20
15
10
9
7
3
0 0
2006 2010 2015 2020 2025 2030 2006 2015 2030
Sources: 2006: Energy Information Administration (EIA), Sources: 2006: Energy Information Administration (EIA),
International Energy Annual 2006 (June-December 2008), International Energy Annual 2006 (June-December 2008),
web site www.eia.doe.gov/iea. Projections: EIA, World web site www.eia.doe.gov/iea. 2015 and 2030: EIA, World
Energy Projections Plus (2009). Energy Projections Plus (2009).
6 A feed-in tariff is an incentive structure to encourage the adoption of renewable energy through government legislation. Under a
feed-in tariff structure, regional or national electric utilities are obligated to purchase renewable electricity at a higher rate than retail, in
order to allow renewable energy sources to overcome price disadvantages.
Economic growth also determines the degree to which The OECD economies generally have more energy-
additional activities are offered and utilized in the com- efficient industrial operations and a mix of industrial
mercial sector. Higher levels of economic activity and output that is more heavily weighted toward
disposable income lead to increased demand for hotels non-energy-intensive sectors than in the non-OECD
and restaurants to meet business and leisure require- countries. As a result, the ratio of industrial sector
ments; for office and retail space to house and service energy consumption to total GDP tends to be higher in
new and expanding businesses; and for cultural and lei- the non-OECD economies than in the OECD economies.
sure space such as theaters, galleries, and arenas. In the On average, industrial sector energy intensity in the
commercial sector, as in the residential sector, energy non-OECD countries is double that in the OECD
use per capita in the non-OECD countries is much lower countries.
than in the OECD countries. Non-OECD commercial
energy consumption per capita averaged only 1.3 mil- Transportation Sector
lion Btu in 2006, compared with the OECD average of Energy use in the transportation sector includes the
16.3 million Btu. energy consumed in moving people and goods by road,
rail, air, water, and pipeline. The road transport compo-
Slow population growth in most of the OECD nations nent includes light-duty vehicles, such as automobiles,
contributes to slower anticipated rates of increase in sport utility vehicles, minivans, small trucks, and motor-
commercial energy demand. In addition, continued effi- bikes, as well as heavy-duty vehicles, such as large
ciency improvements moderate the growth of energy trucks used for moving freight and buses for passenger
demand over time, as energy-using equipment is travel. Growth rates for economic activity and popula-
replaced with newer, more efficient stock. Conversely, tion are the key factors for transportation sector energy
continued economic growth is expected to include demand. Economic growth spurs increases in industrial
growth in business activity, with its associated energy output, which requires the movement of raw materials
use, in areas such as retail and wholesale trade and busi- to manufacturing sites, as well as the movement of man-
ness, financial services, and leisure services. The United ufactured goods to end users.
States is the largest consumer of commercial delivered
energy in the OECD and remains in that position For both the non-OECD and OECD economies, steadily
throughout the projection, accounting for about 44 per- increasing demand for personal travel is a primary fac-
cent of the OECD total in 2030. tor underlying projected increases in energy demand for
transportation. Increases in urbanization and in per-
In the non-OECD nations, economic activity and com- sonal incomes have contributed to increases in air travel
merce are expected to increase rapidly, fueling addi- and motorization (more vehicles per capita) in the grow-
tional demand for energy in the service sectors. ing economies. Modal shifts in the transport of goods are
Population growth also is expected to be more rapid expected to result from continued economic growth in
than in the OECD countries, portending increases in the both OECD and non-OECD economies. For freight
need for education, health care, and social services and transportation, trucking is expected to lead the growth
the energy required to provide them. The energy needed in demand for transportation fuels. In addition, as trade
to fuel growth in commercial buildings will be substan- among countries increases, the volume of freight trans-
tial, with total delivered commercial energy use among ported by air and marine vessels is expected to increase
the non-OECD nations projected to grow by 2.7 percent rapidly.
per year from 2006 to 2030.
Like much of the rest of the world, Canada saw its eco- After maintaining relatively robust economic growth of
nomic growth slow precipitously in 2008, to an esti- about 2.0 percent per year between 2003 and 2007,
mated 0.5 percent for the year, after several years in Japan’s GDP growth rate slowed to 0.4 percent in 2008.
which its economy expanded by nearly 3.0 percent per In the fourth quarter of 2008, exports declined by 14 per-
year. The country’s economy was strongly affected both cent and industrial output fell by an annual rate of 20
by the global economic downturn and by the rapid percent [9]. Although GDP growth should return as the
retreat of world energy prices, which sharply curtailed rest of the world’s economic situation improves after
output and revenues from its energy sector [5]. Canada’s 2010, the continuing decline in Japan’s aging labor force
relatively conservative banking system has limited its is expected to slow its economic growth to average
exposure to the “toxic assets” revealed by the financial annual rates of 1.3 percent from 2008 to 2015 and 0.5 per-
crisis in 2007-2008, but in the short run it is unlikely to cent from 2015 to 2030.
avoid the negative economic impact of global recession
More robust economic growth is projected for the rest of
[6].
OECD Asia. In South Korea, GDP growth is projected to
The strong economic ties between Canada and the average 3.3 percent per year from 2006 to 2030. The
United States, in addition to depressed world energy global downturn has led to sharp declines in exports and
prices starting in the second half of 2008, lead to slower domestic demand [10], and although the Bank of Korea
growth in the near term for Canada’s economy. After has tried to ease the pressure on its financial mar-
2010, when the world economies are expected to be in kets—both by lowering interest rates six times between
recovery and oil prices are expected to begin rising October 2008 and February 2009, to 2.0 percent, and by
(favoring an expansion of production from the country’s raising the cap on its low-rate commercial loans to $6.73
oil sands), Canada’s GDP growth averages about 2.2 billion (10 trillion Korean won) from $6.00 billion (9 tril-
percent per year through 2030 in the reference case. lion won) [11]—the country is widely believed to be in
its first recession since the banking crisis of 1998 [12]. As
Similarly, Mexico’s close relationship to the U.S. econ- world demand begins to improve after 2010, South
omy means that it too is likely to see a negative impact Korea’s GDP growth is expected to return to trend. In
from the current downturn. About 80 percent of Mex- the long term, however, its growth is expected to taper
ico’s exports are sent to the United States, and in combi- off as the growth of its labor force slows.
nation with depressed world oil prices and the global
credit crunch, its dependence on the U.S. economy has GDP growth in Australia/New Zealand averages 3.0
slowed the growth of the Mexican economy. A return to percent per year from 2006 to 2030 in the reference case.
high world oil prices and recovery of the U.S. economy Although economic growth in both Australia and New
after 2010 are expected to support a return to Mexico’s Zealand has slowed markedly with the collapse of com-
trend growth, with GDP increasing by an average of 3.4 modity prices, the Reserve Bank of Australia and the
percent per year from 2006 to 2030. Reserve Bank of New Zealand have eased monetary pol-
icies, helping to cushion the impact of the global down-
For the economies of OECD Europe, prospects in the turn [13]. Prospects in both countries are relatively
short term are dimmed by the current turbulence in healthy, given their consistent track records of fiscal pru-
international financial markets and global economic dence and structural reforms aimed at maintaining com-
recession. Their combined GDP growth is estimated to petitive product markets and flexible labor markets.
have slowed sharply, from 3.4 percent in 2006 and 3.1
percent in 2007 to 1.4 percent in 2008 and an anticipated Non-OECD Economies
contraction of 0.2 percent in 2009. Over the long term, From 2006 to 2030, economic growth in non-OECD
OECD Europe’s GDP growth is projected to average 2.0 Europe and Eurasia as a whole average 3.6 percent per
percent per year from 2006 to 2030, in line with what the year. For the past several years, the non-OECD nations
OECD considers to be potential output growth [7]. of Europe and Eurasia have largely been sheltered from
According to the International Monetary Fund, OECD global economic uncertainties, recording strong eco-
Europe’s long-term growth prospects depend on its abil- nomic growth in every year since 2000, primarily as a
ity to accelerate improvements in labor productivity result of robust domestic demand, the growth bonus
that have been lagging potential (in part because of the associated with ascension of some countries (including
8 GDP growth rates in the short term are substantially lower in the updated AEO2009 reference case (April 2009), but the long-run growth
rate over the 24 year projection period is lower by less than 0.1 percentage point than in the published reference case (March 2009). Investment
and exports show the largest downward revisions, resulting from higher projections for U.S. inflation and interest rates and lower projec-
tions for economic growth in other countries.
200
400
200
100
0
2006 2010 2015 2020 2025 2030
Sources: History: Energy Information Administration (EIA), 0
International Energy Annual 2006 (June-December 2008), Reference High Price Low Price
web site www.eia.doe.gov/iea. Projections: EIA, World Source: Energy Information Administration, World Energy
Energy Projections Plus (2009). Projections Plus (2009).